Future Value: ₹46,46,782 at 12% for 10 years. Wealth gained: ₹22,46,782.
| Year | Invested | Returns | Total Value |
|---|
A monthly SIP of ₹20,000 in ABSL MF Index funds at 12% for 10 years grows to ₹46,46,782. Total amount invested: ₹24,00,000, wealth gained: ₹22,46,782. Popular schemes: ABSL Nifty 50 Index Fund.
At 12% expected return for 10 years, ₹20,000/month SIP in ABSL MF Index funds grows to approximately ₹46,46,782. Total invested: ₹24,00,000, Wealth gained: ₹22,46,782.
ABSL MF Index funds offer expected returns of 10 - 15% p.a. with high risk. Popular schemes include ABSL Nifty 50 Index Fund. Compare with other fund houses on this page.
ABSL MF Index funds have an expense ratio of 0.10 - 0.18%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil.
Yes, most ABSL MF fund schemes allow you to increase (top-up) your SIP amount. You can also start an additional SIP in the same or different scheme. Consider step-up SIP for automatic annual increases.
For equity-oriented funds, staying invested for 7-10+ years is recommended to benefit from compounding and average out market volatility.